Smith v. Chipley

On September 3, 1921, a written contract was entered into between Mrs. Minnie Slaughter Veal and her husband, as vendors, and H. D. Chipley, as vendee, involving a sale and an option to sell about 19,600 acres of land. The contract divides the land into the east half and the west half, and provides that the sellers are to have $15 per acre for the east half and $10 per acre for the west half. It was contemplated at the time the contract was entered into that the purchaser would subdivide and resell the east half in small tracts at prices fixed in the contract, and that, if tlié entire east…